House Journal: Page 1801: Thursday, May 3, 2001
17 which would be produced by a levy of one dollar
18 thirty-five cents per thousand dollars of the assessed
19 value of the taxable property of the school
20 corporation, the amount estimated and certified to
21 apply on principal and interest for any one year may
22 exceed two dollars and seventy cents per thousand
23 dollars of assessed value by the amount approved by
24 the voters of the school corporation, but not
25 exceeding four dollars and five cents per thousand of
26 the assessed value of the taxable property within any
27 school corporation, provided that the qualified voters
28 of such school corporation have first approved such
29 increased amount at a special election, which may be
30 held at the same time as the regular school election,
31 and provided further that the school corporation's
32 amount received from the school district sales and use
33 tax fund under section 293.1 shall be used to abate an
34 additional levy amount authorized after July 1, 2001.
35 A levy approved prior to July 1, 2001, shall continue
36 to be authorized. The proposition submitted to the
37 voters at such special election shall be in
38 substantially the following form:
39 Sec. . Section 298.18, unnumbered paragraph 5,
40 Code 2001, is amended to read as follows:
41 Shall the board of directors of the ...... (insert
42 name of school corporation) in the County of ......,
43 State of Iowa, be authorized to levy annually a tax
44 exceeding two dollars and seventy cents per thousand
45 dollars, but not exceeding .. dollars and ... cents
46 per thousand dollars of the assessed value of the
47 taxable property within said school corporation to pay
48 the principal of and interest on bonded indebtedness
49 of said school corporation, it being understood that
50 the approval of this proposition shall not limit the
Page 8
1 source of payment of the bonds and interest but shall
2 only operate to restrict the amount of bonds which may
3 be issued and that the additional levy shall be
4 reduced and abated in any year by the amount of money
5 received from the school district sales and use tax
6 fund under section 293.1?
7 Sec. . Section 422.43, subsections 1, 2, 4, 5,
8 6, 7, 10, and 12, Code 2001, are amended to read as
9 follows:
10 1. There is imposed a tax of five six percent upon
11 the gross receipts from all sales of tangible personal
12 property, consisting of goods, wares, or merchandise,
13 except as otherwise provided in this division, sold at
14 retail in the state to consumers or users; a like rate
15 of tax upon the gross receipts from the sales,
© 2001 Cornell College and
League of Women Voters of Iowa
Comments about this site or page?
hjourn@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Fri May 4 13:35:00 CDT 2001
URL: /DOCS/GA/79GA/Session.1/HJournal/01800/01801.html
jhf